Microsoft's co-founder, Paul Allen, is preparing to invest a ton of cash into a new spacecraft designed to launch satellites into space, WSJ reports. The cash will come from Allen's investment company, Vulcan.
The project, dubbed "Stratolaunch," will use parts from traditional jets with rocket boosters to create the largest airplane ever. The rockets will be built by a company owned by Tesla's Elon Musk.
If Stratolaunch is successful, it'll be the first private company to find a cheap way to launch satellites into orbit. Part of the savings will come from the recycled airplane parts the team's engineers plan to use. The Stratolaunch will be able to take off like a normal airplane, and even relocate itself thousands of miles if launch conditions in one area aren't good enough.
Read more about the Stratolaunch project on WSJ >